Jungheinrich Half-Year Report 2023
Revenue
Group revenue of €2,658 million in the first half of 2023 was 21 per cent higher than in the same period of the previous year (€2,202 million). Revenue in Germany, the most important single market, rose by 17 per cent to €600 million (previous year: €514 million) in the reporting period.
Foreign revenue increased even more considerably by 22 per cent to €2,058 million (previous year: €1,688 million). In addi- tion to the acquisition-related increase in revenue in the USA due to the acquisition of Storage Solutions, revenue primarily climbed in the UK, France, Italy and Switzerland. As in the previous year, the foreign ratio stood at 77 per cent.
Gross profit on sales increased by €164 million to €846 mil- lion (previous year: €682 million) and thus was disproportion- ately high in comparison with Group revenue. In the report- ing period, it benefited from the significant increase in the volume of sales and appropriate measures to safeguard margins. The gross margin rose from 31.0 per cent in the same period of the previous year to 31.8 per cent in the first half of 2023.